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Baltimore, MD 21213 Real Estate Market Report

ZIP Code: 21213
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

The median sold price in Baltimore, MD (ZIP: 21213) is currently $135,000, reflecting a modest appreciation trend in the market. This price point indicates a stable environment for buyers and sellers alike. The market has shown signs of balance, with a neutral market temperature suggesting that neither buyers nor sellers hold a distinct advantage. The median days on market stands at 268 days, indicating a slower sales velocity, which may suggest that buyers are taking their time to make decisions in this environment.

Despite the elevated days on market, the overall market dynamics are characterized by elevated inventory levels, with active listings outpacing sales activity. This excess supply relative to sales may create pricing friction, as sellers adjust expectations in response to market conditions. Additionally, the median market rent is $2,009, which remains strong, indicating sustained rental demand in desirable areas, even amidst broader national cooling trends.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
148
Active Listings
83
Sold Properties
65

Market Metrics

Median Listing Price
$140,000
Median Sold Price
$135,000
Median Price per Sqft
$114/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,009
Rent Range
$1,548 - $2,298

Property Taxes

Property Tax Rate
1.46%

Liquidity & Velocity

Median Days on Market
268
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Baltimore MD 21213 area average around 6.11% to 6.31%, which is 0.32% to 0.52% lower than rates observed one year ago.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The median sold price of $135,000 indicates a stable market, reflecting modest appreciation.

  2. With 268 days on market, the sales velocity is slower, suggesting buyers may be more deliberative in their purchasing decisions.

  3. The market temperature is neutral, pointing to balanced conditions between buyers and sellers.

  4. Elevated inventory levels suggest excess supply relative to sales activity, which may lead to pricing adjustments.

  5. The median market rent of $2,009 remains strong, indicating continued rental demand despite national trends.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

3403 Norman Ave, Baltimore, MD 21213
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
1 baths
2,607 sqft
$555,000
Dec 1, 2025
$213/sqft/sqft
209 days on market
2204 Lake Ave, Baltimore, MD 21213
Premium

Sold above market average

3 beds
2 baths
2,156 sqft
$445,000
Dec 1, 2025
$206/sqft/sqft
147 days on market
2800 E Federal St, Baltimore, MD 21213
Premium

Sold above market average

4 beds
2 baths
1,216 sqft
$235,000
Dec 1, 2025
$193/sqft/sqft
128 days on market
3324 Cliftmont Ave, Baltimore, MD 21213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,140 sqft
$139,999
Mar 1, 2026
$123/sqft/sqft
121 days on market
3668 Chesterfield Ave, Baltimore, MD 21213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
896 sqft
$139,000
Dec 1, 2025
$155/sqft/sqft
255 days on market
3639 Chesterfield Ave, Baltimore, MD 21213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

- beds
1 baths
1,024 sqft
$138,000
Feb 1, 2026
$135/sqft/sqft
3551 Elmley Ave, Baltimore, MD 21213
Quick Flip

Sold below market average

3 beds
1 baths
1,248 sqft
$2,095
Feb 1, 2026
$2/sqft/sqft
186 days on market
1310 N Ellwood Ave, Baltimore, MD 21213
Quick Flip

Sold below market average

3 beds
2 baths
1,188 sqft
$750
Feb 1, 2026
$1/sqft/sqft
575 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 3/13/2026

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